Crypto Toolbox ($TBOX) Weekly Recap 6/10/2019

Wow, time sure does fly when you are having fun. How is it Wednesday already and I don’t have the Monday weekly recap out? I seriously thought I was just a few hours late and then I realized it was Wednesday morning and not Tuesday!

We just discovered that we had some technical issues with our VPS that was causing several of our utilities to no longer function properly. So we had to quickly resolve that before addressing this late newsletter. The VPS was using too many resources and the provider suspended it. So we are back to running the utilities on our local PC until we can sort out the issues and get back onto another VPS.

We are also looking into a level of redundancy here with the VPS’s as when we launch MMC (Micro Market Cap) we do not want to experience any down time on our end. I am sure occasionally we will experience some delays and down time from the exchanges APIs but we want to limit any issues on our end.

We completed our 4th token burn of 1 billion TBOX today. That brings our max supply down to 31 billion. There will be 1 more burn next week of another 1 billion to get us to 30 billion. As stated previously we will continue to burn 50% of TBOX paid in for premium services and advertising once those activities start then we launch MMC.

We are still looking to be on track with a launch of MMC towards the end of this month. If you are following our telegram you will have noticed that we stated that we now will have 4 exchanges in MMC at launch. Those will be WavesDex, Stex, IDEX and Binance DEX.

We have recently seen a project on Binance DEX get listed on Binance CEX. CZ then tweeted that this is the first of many to follow this path. Knowing this info I felt the need to include Binance DEX into MMC as soon as possible because in most cases when an asset goes on Binance DEX there is a pump and even a bigger pump going to Binance CEX. Especially when most of these coins going onto Binance DEX are low market cap coins. So I am hoping that showing these in MMC and having them sortable/filterable by volume and such will be a really valuable tool for you all.

MMC is coming soon!